Fuel prices in Nigeria are rising as the government rules out subsidies, leaving market forces and global oil trends to determine costs.
&format=webp)
Finance Minister, Taiwo Oyedele
&format=webp)
Dangote, independent marketers, and global crude oil rates to decide pump price
“We will not bring back fuel subsidy, We also made it clear that Nigeria will not introduce price controls”
– Minister of Finance, Taiwo Oyedele pic.twitter.com/u5exZnBU3l
— Oyindamola🙄 (@dammiedammie35) May 6, 2026
“Subsidy That Was A Burden To The Entire Country, Was Removed And Ever Since We Have Achieved FX Stability”
– Tinubu To Global Investors pic.twitter.com/b8c22pQb9M
— Oyindamola🙄 (@dammiedammie35) May 6, 2026